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I show you how to calculate the sum of the squared residuals by hand given an equation you find. You can do this with the regression equation or any equation you think fits the data. Then your sum of the squared residuals gives you info on how good of fit your equation is for the data. Typically the smaller this number is, the better.
Sum Of The Squared Residuals - Hand And Statcrunch For Country: United States. City: Cypress, Joliet, North Las Vegas, Richmond, West Jordan
